Closed

Buildings Insurance for Residential Leaseholders

Harrow Council · £2,125,000 · closes 28 Oct 2024

£2,125,000

Estimated value

Closed

Deadline

26 Sept 2024

Published

This tender has closed.

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About this contract

The London Borough of Harrow invites tenders for the provision of buildings insurance for residential leasehold properties in where the Local Authority has sold a leasehold or shared ownership interest. The current contract expires on 31st March 2025.

Key dates

Published26 Sept 2024
Submission deadline28 Oct 2024 Add to calendar ↓

Source

Source notice on Find a TenderView ↗

Lot — bid on it if it fits

This contract has one lot. Bid if it suits your firm.

The London Borough of Harrow invites tenders for the provision of buildings insurance for residential leasehold properties in where the Local Authority has sold a leasehold or shared ownership interest. The current contract expires on 31st March 2025. The Council currently effects cover for 1,155 Right to Buy leasehold properties, however it is anticipated that this figure could increase by up to 2% by the commencement date of the contract. The number of properties to be insured may also decrease because leaseholders have the right to enfranchisement when the ratio of leaseholders to Council tenants reaches two thirds and at least 50% of the leaseholders wish to exercise this right. A revised property listing will be provided before the commencement of the contract. Properties are to be insured on a blanket basis, without selection, irrespective of location or previous claims history and inclusion under the policy will be automatic on completion of sale.Value not published

Who to contact

NameMr Marzuki Haji

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